Report: PE/VC Investment in India Declines 44% to $3.5B

21 Jun 2023 CW Team

The investment in the country by private equity and venture capital funds continued to decrease in May. The overall values saw a decline of nearly 44%, amounting to $ 3.5 billion. The report, which was released by industry lobby IVCA and consultancy firm EY, revealed that in May 2022, the dedicated funds had invested $ 6.2 billion, while in April 2023, they invested $ 7.4 billion. These figures represent a decrease of 44% and 52% respectively.

Vivek Soni, a partner at the firm, mentioned that despite seeing some recovery in tech sector indices and global tech giants, the sentiment towards tech sector investments in India has been lackluster. He also noted that fundraising by Indian startups has been slow. Soni stated that although the funds have a significant amount of dry powder due to substantial fundraises over the past year and a half, they are cautious about deployment. They are mainly focused on managing their existing portfolios, which are struggling to maintain growth and improve margins.

Soni added that only healthcare and financial services have witnessed some investments. He expressed optimism about the medium- to long-term outlook, stating that overall deployments in 2023 will exceed the previous year's numbers.

In May 2023, the total deal activity in terms of volume stood at 71 transactions, which is 42 percent lower compared to the same period the previous year.

The report also highlighted that growth investments decreased by 4 percent, amounting to $ 1.9 billion across 17 deals, as opposed to $ 2 billion invested across 19 deals in May 2022. Additionally, pureplay PE/VC investments reached $ 2 billion across 62 deals, representing a 52 percent decrease in value.

Also read:
PMC notice to 200 building sites' developers
Kandoi Fabrics, director buy two apartments in Mumbai

Infrastructure Energy

08 Jun 2026

India Adds Record 44.61 GW Solar Capacity in FY2026

India’s solar sector reached a milestone in FY2026, with cumulative installed capacity crossing 150 GW and annual additions hitting a record 44.61 GW, exceeding the government target of 34 GW and nearly doubling FY2025’s 23.83 GW. Distributed Renewable Energy contributed 16.3 GW, while PPA and C&I segments accounted for 34 per cent and 30 per cent, respectively.India has risen from 9th globally in 2015 to 3rd in cumulative solar capacity by 2025 and is set to become the world’s second-largest solar market in annual installations in 2026. Seven states, led by Rajasthan and Gujarat, ac..

Abhee Ventures unveils Scottish-themed 45-acre township in Bengaluru

Abhee Ventures, a leading South Indian real estate developer, has announced “Codename New Dimension,” a 45-acre Scottish-themed residential township at Gunjur on Whitefield–Sarjapur Road, Bengaluru. Strategically located between Whitefield and Sarjapur Road, Gunjur benefits from strong connectivity to the Outer Ring Road IT corridor, ITPL, EPIP, the upcoming Dommasandra Metro Station, and the proposed SWIFT City and Peripheral Ring Road.The township, designed in collaboration with London-based UHA London and India’s RSP Architects, offers low-density living with 85 per cent open spaces..

BPE launches world’s thinnest Active Tile for legacy data centres

Best Power Equipments (India) Pvt Ltd (BPE), a leading provider of power solutions, data centre systems, and Battery Energy Storage Systems (BESS), has launched the BPE Active Tile, the world’s thinnest active tile designed for legacy data centres and telecom infrastructure. At just 65 mm thick, the tile requires significantly less space than conventional active tiles, which need nearly 450 mm floor depth.“Most legacy data centres were built decades ago for lower IT loads and traditional airflow patterns,” said A Prabhu, Executive Director – Technical (Global Operations), BPE. “As ra..